December’s Highlights for Luxury Market Report
Review the North American report and note the following key factors in your posts and email
comments to grab the attention of your clients, customers, friends and readership:
•The report is a guide to the luxury real estate market in North American. It provides an
overall analysis with trends and highlights comparative data on the top-residential markets
throughout Canada and the United States.
•This month’s report displays the market statistics for North America month over month as
well as the 13-month trend.
•As 2025 winds down, the luxury real estate market is revealing a defining characteristic that
has shaped much of the year: balance, stability, and predictable movement.
•After October’s surge, November saw a natural slowdown—slightly lower sales, listings, and
inventory compared to 2024.
•Year-to-date, single-family sales rose 5.7%, while attached properties were 2.1% below last
year.
•November sales dipped modestly year-over-year but remained well above 2023 levels,
signaling long-term strength.
•New listings dropped sharply from October (–33.7% single-family, –29.5% attached), limiting
buyer options.
•Seasonal slowing and seller hesitancy—especially ahead of rate decisions—contributed to
reduced inventory.
•Pricing stayed firm: homes sold closer to asking price; attached home prices rose 2.2% YoY,
while single-family prices remained stable.
•Interest rate policy created predictability: the Fed cut rates again, and the Bank of Canada
held steady at 2.25%.
•Stable rates support confidence and intentional decision-making rather than urgency.
•Luxury buyers remain selective, prioritizing privacy, sustainability, wellness, customization,
and exclusivity.
•Real estate serves both as a lifestyle investment and a stabilizing asset in diversified
portfolios.
•Sellers are adjusting strategies through elevated preparation and data-driven pricing.
•November signals a 2026 market defined by balance, informed decisions, and strategic
guidance from luxury specialists.
•For homeowners looking to sell or buy their luxury home in today’s market we recommend
working with a realtor who can provide you with critical knowledge about your local market,
maintain a high level of security during the transaction and knows how to leverage
technology to provide maximum exposure and assistance.
•It is my responsibility as your REALTOR to ensure that when others around you are lowering
their expectations, that this becomes the time for us to switch gears and discover how to
leverage the market effectively to achieve your goals.
Then look at your local City Report and provide relevant insight.